Client Profile
- Location: Mosman, Sydney
- Buyer Type: Owner-occupier
- Goal: Purchase a modern apartment with convenient access to transport, shops, and dining
Situation
Our client, a busy professional working in the city four days a week, was searching for a “lock-up and leave” apartment with modern amenities and convenient access to shops and transport. Initially, he was open to both the Lower North Shore and Northern Beaches, as he had previously lived in both areas. Through our guidance, we refined the brief, focusing on Mosman for its proximity to the city and vibrant local amenities.
The client required:
- Expert guidance in setting expectations for location, layout, and budget
- Access to off-market listings to find exclusive properties that fit his lifestyle
- Efficient process management to align with his busy schedule and lease timeline
Challenges
The search for a modern apartment in Mosman presented several unique challenges:
- Wide Initial Search Area: The client’s openness to multiple locations required a tailored approach to identify the ideal neighbourhood.
- Time Constraints: With his lease ending, the client needed to secure a property promptly.
- Busy Professional Schedule: As a time-poor professional, he needed a streamlined and hands-off approach to ensure a smooth buying experience.
Our Approach
To meet the client’s needs and timeline, we focused on off-market access, refining the search, and implementing a strategic negotiation plan.
- Dual Search to Refine the Brief
Starting with a broad search across the Lower North Shore and Northern Beaches, we identified specific locations that matched the client’s requirements for lifestyle and convenience. Through ongoing discussions, we narrowed the focus to Mosman, a location that aligned with his commuting needs and preference for nearby shops and restaurants. - Exclusive Off-Market Access
Leveraging our agent relationships, we accessed a brand-new off-market apartment in Mosman, offering over 80 sqm of internal space and located near Bridgepoint Shops and Mosman Village. This exclusive listing fit the client’s brief perfectly, providing a modern, low-maintenance residence with easy access to all essential amenities. - Strategic Negotiation for Ideal Terms
Recognizing the client’s need to move in before his lease ended, we negotiated favourable settlement terms and a purchase price $150,000 less than an identical apartment in the same building had sold for just months earlier. This strategic approach allowed us to secure the property well within budget and on terms that fit the client’s timeline.
Outcome: Securing a Modern Off-Market Apartment Below Budget
Within the client’s timeframe, we successfully secured a brand-new, off-market apartment in Mosman that met all his criteria for size, accessibility, and lifestyle. By negotiating a favourable price and ideal settlement terms, we delivered a high-value property within budget, giving the client confidence in both the purchase and the process.
Key Benefits to the Client
- Exclusive Off-Market Access: Provided access to a brand-new apartment in a prime location without public competition.
- Tailored Guidance and Expert Negotiation: Refined the search to fit the client’s lifestyle needs and negotiated $150,000 below recent comparable sales.
- Seamless Full-Service Process: Managed all aspects from valuation and inspections to final negotiations, ensuring a smooth experience.